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As punitive duties averaging more than 20% were imposed on Canadian softwood lumber imports in 2017, domestic producers responded by shipping record amounts of timber overseas, raising prices for builders and exacerbating housing affordability issues.

The two-year budget accord signed by President Trump earlier this month contains provisions from a House of Representatives disaster relief bill (H.R. 4460, the Disaster Recovery Reform Act) designed for states hit hard by hurricanes and wildfires in 2017. However, the details on how these provisions will work are still in flux.

Households headed by someone age 55 or older account for two-thirds of the nation’s total home equity, according to data from the most recent (2016) Survey of Consumer Finances. (SCF). The survey is conducted every three years by the Federal Reserve and serves as one of the few federal sources of information on household wealth.

As part of the Bipartisan Budget Act of 2018, which was signed into law on February 9, Congress retroactively extended a number of expired energy and home owner tax provisions. The tax credits were reinstated on a retroactive basis for 2017 only.

Congress early this morning approved a two-year budget framework to keep the government running following a brief shutdown that began at midnight and lasted less than six hours. The accord includes massive increases to defense and discretionary spending, as well as key housing provisions.

Persuasion is the key to selling. This was among the key takeaways during a Jan. 10 seminar at the International Builders’ Show in Orlando, where John Palumbo of the Jacksonville, Fla-based Sterling Group laid out seven steps to help builders to close more deals and to maximize their sales.

When it comes to building new communities, the traditional pool and clubhouse will no longer suffice if you want to stand out from your competitors. This was one of the key messages delivered at a Jan. 11 educational seminar on new amenities for lifestyle buyers during the International Builders’ Show in Orlando.